Drew Rasmussen

Tampa Bay Rays, Starting Pitcher
Age: 29-96d (Jul 27, 1995)
Exp: 4.111 Years
Country: US
College: Oregon State
Drafted: Round 6 (#185 overall), 2018
Agent(s): Beverly Hills Sports Council
2025 Payroll Salary

$3,300,000

2025 Cash

$3,300,000

Career Earnings

$4,328,583

2025-2025 Arbitration (CURRENT)

Drew Rasmussen signed a 1 year , $3,300,000 contract with the Tampa Bay Rays, including $3,300,000 guaranteed, and an average annual salary of $3,300,000. In 2025, Rasmussen will earn a base salary of $3,300,000, while carrying a total salary of $3,300,000.
Contract Terms:
1 yr(s) / $3,300,000
Average Salary:
$3,300,000
Signing Bonus:
N/A
Year Age Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2025 29
Estimate
$3,300,000 $3,300,000 1.37% $3,300,000 $3,300,000
2026 30
ARB 3
Year Age Service Status Base Salary Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2025 29 4.111
Estimate
$3,300,000 - - $3,300,000 $3,300,000
2026 30 --
ARB 3
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2025 29
Estimate
$3,300,000 $3,300,000 $3,300,000 $3,300,000 $3,300,000
Source: MLB contract specifics generally collected from verified reports.

2024-2024 Arbitration

Drew Rasmussen signed a 1 year , $1,862,500 contract with the Tampa Bay Rays, including $1,862,500 guaranteed, and an average annual salary of $1,862,500.
Contract Terms:
1 yr(s) / $1,862,500
Average Salary:
$1,862,500
Signing Bonus:
N/A
Free Agent:
2027 / UFA
To see the rest of the Drew Rasmussen's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here

2023-2023 Pre-Arb

Drew Rasmussen signed a 1 year , $739,700 contract with the Tampa Bay Rays, including $739,700 guaranteed, and an average annual salary of $739,700.
Contract Terms:
1 yr(s) / $739,700
Average Salary:
$739,700
Signing Bonus:
N/A
Free Agent:
2027 / UFA
To see the rest of the Drew Rasmussen's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here

2022-2022 Pre-Arb

Drew Rasmussen signed a 1 year , $711,800 contract with the Tampa Bay Rays, including $711,800 guaranteed, and an average annual salary of $711,800.
Contract Terms:
1 yr(s) / $711,800
Average Salary:
$711,800
Signing Bonus:
N/A
To see the rest of the Drew Rasmussen's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here

2021-2021 Pre-Arb

Drew Rasmussen signed a 1 year , $573,000 contract with the Milwaukee Brewers, including $573,000 guaranteed, and an average annual salary of $573,000.
Contract Terms:
1 yr(s) / $573,000
Average Salary:
$573,000
Signing Bonus:
N/A
To see the rest of the Drew Rasmussen's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here

2020-2020 Pre-Arb

Drew Rasmussen signed a 1 year , $563,500 contract with the Milwaukee Brewers, including $563,500 guaranteed, and an average annual salary of $563,500.
Contract Terms:
1 yr(s) / $563,500
Average Salary:
$563,500
Signing Bonus:
N/A
To see the rest of the Drew Rasmussen's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here

2018-2018 Signing Bonus

Drew Rasmussen signed a 1 year , $135,000 contract with the Milwaukee Brewers, including $135,000 guaranteed, and an average annual salary of $135,000.
Contract Terms:
1 yr(s) / $135,000
Average Salary:
$135,000
Signing Bonus:
N/A
To see the rest of the Drew Rasmussen's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here
Seasons

4.111 Years

Career Earnings thru 2025

$4,328,583

Earnings w/ Different Teams

2 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2018 22
Signing Bonus
$135,000
$135,000
2020 24
Active
$143,290
$278,290
2021 25
Retained
Active
$418,950
$317,343
$697,240
$1,014,583
2022 26
Active
$711,800
$1,726,383
2023 27
Injured
$739,700
$2,466,083
2024 28
Active / Arb Avoided
$1,862,500
$4,328,583
Total      
$4,328,583
$4,328,583
2025 29
Active / estimate-arbitration
$3,300,000
Total
$7,628,583

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
3 $562,240 $135,000 - $697,240
4 $3,631,343 - - $3,631,343
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2018
22
$135,000
$135,000
$135,000
2020
24
$143,290
$143,290
$278,290
2021
25
$418,950
$317,343
$418,950
$317,343
$697,240
$1,014,583
2022
26
$711,800
$711,800
$1,726,383
2023
27
$739,700
$739,700
$2,466,083
2024
28
$1,862,500
$1,862,500
$4,328,583
Total
$4,193,583
$135,000
$4,328,583
$4,328,583
2025
29
$3,300,000
$3,300,000
Total
$7,493,583
$135,000
$7,628,583

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
3 $562,240 $135,000 - $697,240
4 $3,631,343 - - $3,631,343

Injuries

Year Dates Reason
2024 TB Mar 28, 2024 - Aug 07, 2024 Arm
2023 TB May 12, 2023 - Oct 01, 2023 Arm
2022 TB Jun 15, 2022 - Jul 02, 2022 Hamstring
  • Jan 11, 2024 Signed a 1 year $1.86 million contract with Tampa Bay (TB), avoiding arbitration
  • Mar 01, 2022 Signed a 1 year $711,800 contract with Tampa Bay (TB)
  • May 21, 2021 Traded to Tampa Bay (TB) from Milwaukee (MIL) with J.P. Feyereisen for Willy Adames and Trevor Richards
  • Jun 23, 2018 Signed a contract with Milwaukee (MIL)
  • Jun 04, 2018 Drafted by Milwaukee (MIL): Round 6 (#185 overall)
  • Jul 07, 2017 Unsigned by Tampa Bay (TB)
  • Jun 13, 2017 Drafted by Tampa Bay (TB): Round 1 (#31 overall)
  • Jul 15, 2014 Unsigned by Arizona (ARI)
  • Jun 10, 2014 Drafted by Arizona (ARI): Round 39 (#1170 overall)
Year Team GP GS H R ER BB K HR W L SV IP ERA WHIP WAR
2024 TB 16 4 25 10 9 6 35 0 0 2 1 28.7 2.83 1.08 0.60
2023 TB 8 8 36 13 13 11 47 2 4 2 0 44.7 2.62 1.05 1.26
2022 TB 28 28 121 51 46 31 125 13 11 7 0 146.0 2.84 1.04 3.11
2021 TB 35 10 57 27 24 25 73 5 4 1 1 76.0 2.84 1.08 1.77
2020 MIL 12 0 17 10 10 9 21 3 1 0 0 15.3 5.87 1.70 -0.06

Calculated Market Value

Market Value

  • 3 years, $25,034,913
  • Avg. Salary: $8,344,971
  • MLB Rank: 168
  • SP Rank: 63

Current Contract

  • Free Agent: 0
  • Avg. Salary: $3,300,000
  • MLB Rank: 298
  • SP Rank: 93

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Drew Rasmussen to.

Player Length Value Avg. Salary Age When Signed
Brandon Woodruff 2 $17,500,000 $8,750,000 31
Max Fried 1 $15,000,000 $15,000,000 29
Sandy Alcantara 5 $56,000,000 $11,200,000 26
Jeffrey Springs 4 $31,000,000 $7,750,000 30
Averages 3 $29,875,000 $10,675,000 29.0

Base Calculated Value

After adjusting the above contracts as if signed at Rasmussen's current age (29), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
3 $25,666,305 $8,555,435

Statistical Comparisons

Now we'll compare our variables and Rasmussen statistically over the two seasons prior to their signing. In this case we're analyzing: GS/Yr, IP, K/9, BB/9, ERA, WHIP, FIP, WAR

Player GS/Yr IP K/9 BB/9 ERA WHIP FIP WAR
Brandon Woodruff
2022-2023
19.00 5.80 10.54 2.24 2.67 0.95 3.34 4.84
Max Fried
2022-2023
22.00 5.98 8.76 1.82 2.52 1.07 2.92 6.67
Sandy Alcantara
2020-2021
20.00 6.19 8.58 2.70 3.10 1.13 3.56 4.24
Jeffrey Springs
2021-2022
12.50 2.37 11.14 2.44 2.95 1.08 3.48 5.43
Average 18.38 5.09 9.76 2.30 2.81 1.06 3.33 5.30
Drew Rasmussen
2023-2024
6.00 3.06 10.23 2.05 2.73 1.07 1.94 5.27
Pct Change -67.36 -39.88 4.82 10.87 2.85 -0.94 41.74 -0.57
Median Prime % Change 1.14%
Average Prime % Change -6.06%

Calculated Market Value: Drew Rasmussen

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
3 years, $25,034,913 $8,344,971
Top